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  • November 28, 2014
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Results 1 - 10 of 188 for dutch bank ING

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  1. Business - China Business

    Briefs, November 20, 2012

    Posted Nov 20th 2012, 12:00am by Staff and Agencies

    ... bailout loans Dutch bank ING and the European Commission said they have agreed to an extension for the bank to repay bailout loans granted during the financial crisis. The new agreement gives ... economy will grow more than 4 per cent in the fourth quarter this year, compared with the 2.7 per cent in the year-ago period, Brazil's central bank deputy governor Luiz Awazu Pereira da ...

  2. Business - Economy - MR. SHANGKONG

    Booming years for Singapore but a lost decade for Hong Kong?

    Posted Apr 28th 2014, 04:43am by George Chen

    ... of Dutch bank ING's commercial banking arm in Asia. Newman worked in Hong Kong for about a decade and then moved to Singapore, where he has lived and worked for a decade, too. I asked Newman to compare Hong Kong and Singapore. He said frankly that when ING tried to relocate him to Singapore, he was reluctant to move there. But now he loves Singapore and Hong Kong equally. "About 10 ...

  3. Business - Companies - INSURANCE

    UK insurer Prudential to keep its focus on Asia

    Posted Aug 20th 2013, 12:00am by Ray Chan

    ... rival in the region- bought Dutch bank ING's Malaysian life insurance operations, in a separate sign of major insurers' growing interest in the Asian market. ... had a relatively low penetration rate in Southeast Asia, he said. Prudential acquired the life assurance unit of Thailand's privately owned Thanachart Bank in 2011 and had retained 100 ...

  4. Business - Banking & Finance - INTERVIEW

    ING has three-pronged plan for boosting commercial banking in Asia

    Posted Jun 09th 2014, 03:29am by George Chen

    ... George Chen george.chen@scmp.com Mark Newman, the Dutch group's commercial banking boss in region, sets lofty goal that hinges on inroads in China, Japan and South Korea ING has three-pronged plan for Asia boost Dutch financial services group ING has a big question for Asia- how to earn more money from its commercial banking business in the world's fastest-growing economic ...

  5. Business - Banking & Finance - PRIVATE BANKING

    Western private banks facing growing regional challenge

    Posted Oct 20th 2014, 05:05am by DON WEINLAND

    ... Western-based business. The deal boosted the assets under management by DBS by about 30 per cent. Oversea-Chinese Banking Corp acquired ING Group's Asia private banking business for US$1.5 billion in 2009 as the struggling Dutch-based bank unloaded several of its businesses. The ING operation, renamed Bank of Singapore, tripled OCBC's private banking assets and made the bank ...

  6. Business - Banking & Finance - ACQUISITIONS

    DBS buys private banking business of Societe Generale in Singapore and Hong Kong

    Posted Mar 17th 2014, 03:53pm by KANIS LI

    ... of the wealth being created in China and in northern Asia. As part of the trend, Dutch ING Group sold its private bank to Singapore's Oversea-Chinese Banking Corp for US$1.64 billion in 2009, ... Kanis Li kanis.li@scmp.com Purchase of Societe Generale businesses part of a trend to capture new wealth on the mainland DBS snaps up private banking assets DBS, Southeast Asia's ...

  7. Business - Comment - MONITOR

    Fears over a 'tail risk' hard landing in China are growing

    Posted Feb 20th 2014, 01:10am by Tom Holland

    ... published yesterday, Tim Condon, the chief economist for Asia at Dutch banking giant ING, argued that just as China's rapid growth in the 2000s lifted economies across the world, so a Chinese ... Tom Holland Any slump in the mainland economy will inevitably cause casualties including Hong Kong because of the banking sector’s exposure Fears over a 'tail risk' hard landing ...

  8. Business - Banking & Finance - STRATEGY

    ING counts on vast network to fuel its growth in China

    Posted Oct 21st 2013, 03:56am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Dutch firm's regional operation acts as a platform connecting outbound and inbound investment activities by leveraging its European contacts ING banks on vast network to fuel mainland growth ING Bank is pinning its hopes for growth in China on companies looking to go overseas and says operating profits in the region could grow by 10 to 15 per ...

  9. Business - Banking & Finance - ASSET SALE

    Richard Li close to a deal on ING's insurance units

    Posted Oct 19th 2012, 12:00am by Bloomberg

    ... Bloomberg The Dutch bank will part with its Hong Kong and Thai business for as much as US$2.2b Richard Li close to a deal on ING's insurance units ING Group, under European Union ... bring ING a step closer to fulfilling conditions stemming from its government bailouts in 2008 and the year after. Earlier this month, the Dutch bank agreed to sell its Malaysian insurance ...

  10. Business - Banking & Finance

    ING Group sells Hong Kong, Macau, Thai insurance units to Richard Li

    Posted Oct 19th 2012, 01:41pm by Lulu Chen and Bloomberg

    ... (HK$16.59 billion), as the Dutch banking group scrambles to meet improve liquidity and capital adequacy ratios. The deal, estimated at nine times estimated book value, is expected to bring ING ... 270,000 customers. In Thailand, ING has about 480 employees and more than 4,000 tied agents. Earlier this month, the Dutch bank agreed to sell its Malaysian insurance business to Hong Kong-based ...




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